WAO ART #259

A Bitcoin educator in Tanzania climbed Mount Kilimanjaro to raise awareness for Bitcoin and promote his new Bitcoin education academy. He crowdfunded over $1,700 in Bitcoin to cover the costs of the hike and carried a giant Nostr flag to show his affinity for decentralized protocols.

The Hong Kong Monetary Authority has stated that the pilot trial of the e-HKD, Hong Kong's CBDC, has shown a "tremendous impact" on the banking and financial services sector. The trial, which involved 16 banks and payment companies, tested six potential uses of the e-HKD with a small group of clients.

The Next Block Expo (NBX), Europe's premier blockchain and Web3 event, is returning to Berlin on December 4-5th, 2023. The event aims to bring together pioneers, investors, regulators, and innovators in the European Web3 landscape. Last year's event saw over 2,000 attendees from 64 countries.

The stablecoin Tether (USDT) has become the dominant cryptocurrency in Brazil, accounting for 80% of all crypto transactions in the country. USDT transactions in Brazil reached $271 billion Brazilian reais ($55 billion), surpassing Bitcoin transactions, which totaled $151 billion reais ($30 billion).

The BAD token, associated with the AI-centered project Bad Idea AI, has been listed on the Australian crypto exchange GroveX. This listing comes after GroveX integrated support for the Layer-2 Shibarium blockchain, which is developed by the Shiba Inu team.

Bitcoin is expected to reach $40k with technical analysts predicting a breakout from its current consolidation phase. The US FED will announce its rate decision, with expectations that rates will remain unchanged. The trial of Sam Bankman-Fried, related to the collapse of the FTX exchange, is nearing its conclusion.

Crypto strategist Credible Crypto believes that Bitcoin (BTC) is preparing for a parabolic surge. He suggests that BTC has reached a local bottom and will rally to around $39,000 before consolidating and rallying above $48,000 in November.